CMPThe Conference of the Parties (COP) serves as the meeting of the Parties to
the Kyoto Protocol. This isreferred to as the Conference of the
Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP).

The CMP meets annually during the same period as the COP. Parties to the Convention that are
not Parties to the Protocol are able to participate in the CMP as observers, but without
the right to take decisions. The functions of the CMP relating to the Protocol are similar
to those carried out by the COP for the Convention.

The first meeting of the Parties to the Kyoto Protocol was held in Montreal, Canada in December
2005, in conjunction with the eleventh session of the Conference of the Parties (COP 11).

Decisions were adopted that outline the path to future international action on climate change.
The Parties to the Kyoto Protocol also formally adopted the “rulebook” of the 1997 Kyoto
Protocol, the so-called ‘Marrakesh accords’, which sets the framework for implementation
of the Protocol.

The Subsidiary Body for Scientific and Technological Advice(SBSTA)
and the Subsidiary Body for Implementation(SBI)These two
permanent subsidiary bodies established under the Convention also serve the CMP.

The BureauThe Bureau of the COP also serves the CMP. However, any member
of the COP Bureau representing a non-Party to the Kyoto Protocol has to be replaced by a member
representing a Kyoto Protocol Party.

Constituted Bodies under the Kyoto Protocol

Clean Development Mechanism (CDM) Executive BoardThe CDM Executive
Board supervises the CDM under the Kyoto Protocol and prepares decisions for the CMP. It
undertakes a variety of tasks relating to the day-to-day operation of the CDM, including the
accreditation of operational entities.

Joint Implementation Supervisory CommitteeThe Joint Implementation Supervisory Committee (JISC), under the
authority and guidance of the CMP, inter alia, supervises the verification of emission reduction
units (ERUs) generated by JI projects following the verification procedure under the JISC.

Compliance CommitteeThe compliance regime consists of a Compliance Committee made up of two branches: a
Facilitative Branch and an Enforcement Branch.